Do Garage Doors Improve Home Value?
If you’re considering selling or renovating your Shreveport home, you’re likely trying to decide what elements you want to be replaced or repaired. You might be wondering if certain things are more important than others and which are most likely to improve your home value.
Most home upgrades can be beneficial for increasing your home value, including a garage door. According to Remodeling’s National Cost vs. Value Report for 2023, replacing a garage door gives homeowners a 102.7% ROI (return on investment). A garage door can be aesthetically pleasing as well, which can be especially beneficial if you’re someone who is considering selling your home soon. Some other great ways to add value to your home before selling include:
- Upgrading your kitchen
- Remodeling your bathroom
- Painting both interior and exterior areas
- Adding landscaping such as shrubbery or trees
- Replacing your entryway door
- Improving your energy efficiency, such as with solar panels
Read this article to learn more about how garage doors can improve your home’s value, how to know if it’s time to replace your garage door, and other helpful information and tips!
5 Ways Garage Doors Improve Home Value
Adding value to your home before selling helps create a competitive buying situation, helping secure you the best possible price for your home and drawing in interested parties. Here are five practical ways that garage doors improve home value:
1. It Enhances Your Curb Appeal
With a visually appealing garage door, you enhance the curb appeal of your entire home. A well-maintained and eye-pleasing door pops out when people see your home and is one of the first things many people notice about it. Curb appeal enhances the potential price that you can fetch for your home, as well as attracts potential buyers.
There are many beautiful, modern options available to suit any home, no matter your taste or style! Some of the most popular designs that people choose for their homes include:
- Carriage house
- Raised panel
2. It Improves the Overall Aesthetics of Your Home
A great-looking garage door improves the overall aesthetic of your home, making it look more cohesive and put–together. It’s also a great way to refresh your home’s look before placing it on the market, especially if you want to make your home look more contemporary.
Browsing online is a wonderful way to get a good feel for the design options that exist and which ones may be best suited for your home. A trustworthy company that specializes in garage door design and installation can be extremely helpful to consult with and can help you choose the best possible one for your home. Don’t forget to also check real estate websites such as Zillow to see what other homes on the market are doing with the garage doors, too!
3. Garage Doors Can Improve Your Home’s Energy Efficiency
Another great benefit of modern garage doors is their improved insulation. Better insulation helps maintain a more consistent temperature inside your garage, improving your home’s overall energy efficiency since you won’t have to worry about air conditioning or heating as much. Added energy efficiency is also a huge bonus for many modern homebuyers and can positively influence your home’s overall value.
4. They Can Add a Sense of Security and Safety
Garage doors also add a sense of safety and security to your home. The space inside your garage provides a secured area where homeowners can store their cars and spare belongings. Many modern garage doors often come with advanced security features, such as digital keypad technology and specialized locking mechanisms.
Like other aspects of home improvement, the safety and convenience that a garage door provides can be appealing to many buyers. A competitive buying situation can often lead to fetching a higher price for your home, making it a worthwhile investment.
5. Garage Doors Add Functionality and Convenience
Besides the other benefits of garage doors, like security and energy efficiency, one of their main attractions is the convenience that they offer! Upgrading to a modern garage door design with smart features, such as remote control and smartphone compatibility, can add to the overall convenience and functionality of your home.
Convenience is often one of the largest selling points for many people. In most situations, home buyers are often willing to pay extra for the added convenience that these features offer. Modern garage door systems can add security and peace of mind to your house, which are non-negotiable features for many when searching for the perfect home to move to.
How to Know if It’s Time to Replace Your Garage Door
Now that we’ve covered all of the many benefits that garage doors can offer and how they can add to your home value, let’s talk about replacing them. You might be wondering how to know if it’s time to replace your garage door and what exactly you should be looking for. Here are three indicators you should consider upgrading your garage door:
1. There’s Visible Wear and Damage to the Door
If your garage door has visible wear or damage to it, it’s time to replace it. Common signs of wear and tear include:
- Peeling paint
An undesirable appearance to your garage door can negatively affect your home’s curb appeal, turning off potential buyers who may be concerned about potential repairs down the road. Regularly maintaining your garage door helps prevent damage to it and can even help extend its lifespan.
2. Mechanical Issues With the Door
Broken parts or persistent operational problems like difficulty in opening or closing and frequent breakdowns can be clear signs that your garage door needs to be replaced. It can also create issues with security if your door is no longer latching or locking properly.
3. It Has Outdated Technology
If your garage door lacks modern safety features like smart technology or a digital keypad, consider upgrading it. Newer models with advanced security features and integration with smart home systems are appealing to many buyers.
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